Yafaray rendering error

[ekolis]

I got the Yafaray plugin installed, however when I try to render an object I get these messages:

wings-2.1.7
Reading preferences from: c:/Users/edkol/AppData/Roaming/Wings3D/Preferences.txt
Grabbed focus lost old?: dialog_blanket geom
Grabbed focus lost old?: dialog_blanket geom
Exporting to: c:/Users/edkol/Desktop/wpc_yafaray-9632-HQQ2FP.xml
for render to: c:/Users/edkol/Desktop/Portrait_Frigate.png
Mesh w_Escort: triangulating...done
Mesh w_Escort: exporting...done
Rendering Job started <0.260.0>:
> c:/Users/edkol/DOCUME~1/Apps/YAFARA~1/bin/YAFARA~1.EXE -pp C:\Users\edkol\Documents\Apps\yafaray_v3\bin -f png wpc_yafaray-9632-HQQ2FP.xml c:/Users/edkol/Desktop/Portrait_Frigate
[21:56:42] INFO: YafaRay Core (v3.3.0) Windows 64bit MinGW GCC
[21:56:42] INFO: The plugins path is: C:\Users\edkol\Documents\Apps\yafaray_v3\bin
[21:56:42] INFO: Environment: Loading plugins ...
GetProcAddress error: 127


The GetProcAddress error then repeats itself several dozen times And then more errors:

failed to open C:\Users\edkol\Documents\Apps\yafaray_v3\bin/yafaray_v3_interface_ruby.dll, LoadLibrary error: A dynamic link library (DLL) initialization routine failed.
(1114)
GetProcAddress error: 127
GetProcAddress error: 127
[21:56:45] ERROR (+ 3s): Environment: There is no image handlers registrered
[21:56:45] ERROR: Couldn't find any valid image format, image handlers missing?

Rendering Job returned: 1
Export time: 0.119"
Render time: 3.278"
Total time: 3.397"
Rendering error: 1



What could be going on here?